Comptech announced they will be closing
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From: North Richland Hills, TX
Originally Posted by mikegarrison,Feb 26 2007, 10:03 PM
But ... if there are no assets, then too bad. If they liquidate the company and there are still assets remaining, then those probably will go into a fund to pay off warranty claims.
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From: Covington WA, USA
Originally Posted by Chris S,Feb 26 2007, 08:14 PM
I'm pretty sure the shareholders will grab any remaining funds after creditors are paid - they're not going to set up a warranty fund!
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Originally Posted by mikegarrison,Feb 26 2007, 11:16 PM
They may not have shareholders. Like I said, it goes into the details of the way the company is organized. The customers with warranties are legitimate creditors; the people liquidating the company can't just ignore them and grab the cash (legally). But most likely there won't be any cash to grab anyway.
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From: Utah
Originally Posted by vbb,Feb 26 2007, 05:50 PM
I've heard the same thing, which is one reason that I didn't go with Vortech to begin with. With Comptech out, I may not even go F/I at all. Now I just need to go about finding out what's going to happen with the order I placed 2 weeks ago.
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From: SF Bay Area
Originally Posted by vbb,Feb 26 2007, 08:07 PM
I'm not comfortable having something as expensive and intricate as a supercharger without any customer service support, warranty, or replacement parts if needed.
I'm keeping my fingers crossed that somehow someone will pick up their designs and provide support for those of us with their blowers.
Man, imagine how the Comptech-supercharged NSX folks feel...those kits cost upwards of 10K!!!!!
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From: SF Bay Area
Originally Posted by Steve@Evolution,Feb 26 2007, 08:21 PM
This is pretty bad for cali folks who has carb...
Steve - Evolution
703-961-9090
Steve - Evolution
703-961-9090
